price rises

Inflation rose 6.8 per cent in the 12 months to February, suggesting Australia’s economy is on the track to normalisation. It’s the second consecutive month of lower annual inflation after the 8.4 per cent peak in December and the 7.4 per…

People in Argentina can’t even afford basic groceries as the country’s inflation skyrocketed by more than 100 per cent – its worst record in 30 years.This means Argentinians are paying more than double for essential items compared to last…

Households will be slugged with higher electricity prices in the coming months as costs jump as much as 30 per cent in some states. The Australian Energy Regulator released its draft default offer – the cap on the maximum price retailers…

The country’s biggest poultry producer has warned further price rises could be on the way, as inflation and the cost-of-living crisis hike up the costs of an Aussie dinner favourite. Ingham’s, like many other Aussie businesses, has faced…

The performance of Australian central banking has soured for more than a decade. Before the Global Financial Crisis, forecasting and monetary policy seemed to run itself. Inflation was largely quiescent, exports were driven by China, and…

With Aussies stretched to the limit amid soaring cost of living pressures and skyrocketing interest rates, experts are sounding the alarm over a fresh crisis to come.Based on previous economic trends, it’s now clear that conditions are…

Another supermarket item has fallen victim to the cost of living crisis with a price hike that will undoubtedly leave many Aussies shocked. Our wallets have been hit hard as the cost of pantry basics have soared in recent months. We’ve…

Food prices in Coles and Woolworths soared by almost 10 per cent in the three months to December, new research has shown. That’s despite one supermarket boss assuring customers inflation was set to ease off. Fresh food was particularly hard…

Wholesale electricity prices are forecast to drop “significantly” in the eastern states through 2023. New Treasury analysis reveals that the eastern states can expect a drop in wholesale prices of between 29 and 44 per cent. The largest…

The boss of Australia’s largest supermarket chain has some good news for cash stressed shoppers – rocketing food inflation may finally come down to earth.But there’s a catch: Woolworths chief executive officer Brad Banducci has said it…